How Strong Is Your Stomach?

The vast majority of the time, most investors are not terribly concerned with their risk tolerance. Typically, the CBOE Volatility Index (VIX), a measure of S&P 500 volatility, sits comfortably below 20 and financial markets exhibit a consistent upward trend. However, as 2020 can attest, markets don’t always behave this way. Earlier this year the…

Not Everyone Is A Winner

While in the midst of COVID-19, historical levels of unemployment, unprecedented levels of economic stimulus, and falling corporate profits, the Standard & Poor’s 500 Index (S&P 500) is in positive territory for 2020. The economic data would indicate we are in a recession, yet U.S. equity markets are not behaving as such. A recent article by…

Why Active and Passive Investment Are Not Mutually Exclusive

Last week, Bloomberg penned an article entitled Battered Funds Blame ETFs for Overrunning the Stock Market Again. The article (along with a subsequent Bloomberg sponsored podcast released around the same time) explores how passive investing could be blamed for the underperformance experienced by discretionary fundamental stock-picking managers. For anyone interested, the most recent SPIVA scorecard (as of…